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Special Alerts

SA-41-2007
February 1, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks bearing the name River Valley Financial Bank, Madison, Indiana, are reportedly in circulation.

River Valley Financial Bank, Madison, Indiana, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation. The counterfeit items, reportedly associated with a lottery scam, are included with correspondence from Celebrations Lotto Commission, Inc., St. Thomas, Virgin Islands.

The counterfeit items display the routing number 096016765, which is assigned to U.S. Bank, St. Paul, Minnesota. River Valley Financial Bank issues cashier's checks through an account held at U.S. Bank. The counterfeit items are similar to authentic checks. However, the counterfeit items display security wording embedded in the top border; authentic checks display a security statement below the top border. The counterfeit items include a lock symbol and security wording to the left of the signature line. Authentic checks display a heat sensor in the top-left corner.

Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

Any information you have concerning this matter should be brought to the attention of:

Debbie Finnegan
Internal Auditor
River Valley Financial Bank
P.O. Box 1590
Madison, Indiana 47250
Telephone: (812) 273-4949
Fax: (812) 265-6730
E-mail: fraud@rvfbank.com

Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Information related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

For your reference, FDIC Special Alerts may be accessed from the FDIC's website at http://www.fdic.gov/news/news/SpecialAlert/2007/index.html . To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection

Attachment (not available electronically)

NOTE: As a security precaution, the FDIC does not post to its Web site electronic images of fraudulent items or authentic checks that have been counterfeited. This is to avoid attempts by others to use these instruments to facilitate additional fraud. Financial institutions can view images of the fraudulent items and authentic checks (marked as VOID) using the FDIC's free, secure Web site, FDICconnect. (See more information about FDICconnect at http://www.fdic.gov/news/news/financial/2006/fil06032.html.) Printed copies of each Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center (telephone: 1-877-275-3342 or 703-562-2200; fax: 703-562-2296; or e-mail: publicinfo@fdic.gov).

Distribution: FDIC-Supervised Banks (Commercial and Savings)




Last Updated 2/1/2007 communications@fdic.gov